Oklahoma § 36-1707 - Release of deposits
Full text of Oklahoma Oklahoma Statutes § 36-1707 — Release of deposits, with citation guidance and answers to common questions.
§ 36-1707. Release of deposits
Any deposit made in this state under the Insurance Code shall be
released and returned:
1. To the insurer upon extinguishment by reinsurance or
otherwise of substantially all liability of the insurer for the
security of which the deposit is held upon proper request by the
insurer and after financial review of the insurer proving generally
acceptable financial conditions;
2. To the insurer to the extent such deposit is in excess of
the amount required upon proper request by the insurer and after
financial review of the insurer proving generally acceptable
financial conditions; or
3. Upon proper order of a court of competent jurisdiction to
the receiver, conservator, rehabilitator or liquidator of the
insurer, or to any other properly designated official or officials
who succeed to the management and control of the insurer's assets.
Added by Laws 1957, p. 292, § 1707, operative July 1, 1957. Amended
by Laws 2012, c. 44, § 10, eff. Nov. 1, 2012.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-1707
What does Oklahoma Statutes § 36-1707 cover?
Section 36-1707 ("Release of deposits") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 36-1707?
A common citation format is "Oklahoma Statutes § 36-1707" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 36-1707 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.